✉news LifeHome & Garden first seen 15 h ago, last 9 h ago, peak #37
US Construction Spending Rose in August on Home Improvement and Data Centers
Original: U.S. Construction Spending: Home Improvement and Data Centers Drove Spending in August
US construction spending in August was driven largely by home improvement projects and data center building. The figures point to continued strength in residential renovation and a boom in technology infrastructure, even as other parts of the construction sector have cooled. Analysts view data center demand as a key engine of overall construction activity this year.
Why now: New August construction spending data highlights the contrast between a soft housing market and booming data center investment.
Evidence
- U.S. Construction Spending: Home Improvement and Data Centers Drove Spending in August · Haver Analytics
API: https://socialmediatrends-api.osmike.com/v1/trends/632071